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Rubery Indoor Market, together with Two Retail Units R/O 186-210 New Road, Rubery, Birmingham, B45 9JA

Unsold, the last bid was for £235,000. Please refer to Auctioneer for Reserve.
 

Guide Price £275,000-£300,000 plus fees


Thursday 12th December 2013

11.00am
Key Features
A Freehold Retail Investment Opportunity<1mm/>Current Rental: £35,200 pa.
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Unsold, the last bid was for £235,000. Please refer to Auctioneer for Reserve.

property

Location

The property lies to the rear of a busy, popular and well established shopping parade, comprising a good mix of local retailers and national operators at the heart of Rubery and immediately adjacent to a cooperative food store and parking.The property has served as a long standing indoor market and is well supported by its immediate catchment area for trade and from further afield.

Property Description

The property comprises a single storey building which has been used as a indoor market for many years and includes a hairdressing salon to the front and a café to the rear. The property is well presented throughout and is considered suitable for its existing use or other showroom/retail uses, subject to obtaining any appropriate planning permission.There is a surfaced car park immediately adjacent to the building and whilst the market can make use of this, all interested parties must note that this is NOT included within the sale.

Property Type

Commercial Investment

Tag Line

A Freehold Retail Investment OpportunityCurrent Rental: £35,200 pa.

Tenure

We understand that the property is Freehold, subject to the following tenancies.

Value Added Tax

We understand that VAT will not be chargeable on this transaction.

Viewings & Further Details

Strictly by arrangement with the Auctioneers. Please contact Ian Tudor on 0121 237 4850.

Tenure: